USDCAD coming out of a descending wedge

Long

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)

OANDA:USDCAD U.S. Dollar / Canadian Dollar

indicator chartpattern trendanalysis usdcadlong

The USDCAD looks to rally out of the descending wedge which suggests a bullish reversal. Above the 50dma moving average would be a key breakout point

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